What Leadership means to me and a time when I was affected by good leadership free essay sample

â€Å"If your actions inspire others to dream more, learn more, do more and become more, you are a leader.† Those words were spoken by the sixth president of the United States of America, John Quincy Adams. He almost perfectly describes leadership. A leader does not have to be rich, smart, or elegant; a leader is someone who inspires. I believe the reason people, like John Quincy Adams, become great leaders is because they were inspired by something. They see a need for change, and they have an idea of how to get there. Leadership to me is when someone does not even know they are the leader, yet they inspire many. Last September, I got a new job at Marshalls. I felt a little nervous and lost my first few days, but then I met Theresa. Theresa moved to the United States from Poland in the early 1990’s and she has been working at Marshalls for thirteen years, the longest anyone else at Marshalls in Delafield has. We will write a custom essay sample on What Leadership means to me and a time when I was affected by good leadership or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I was immediately drawn to Theresa because she is exactly what I think of when I think of leadership. She is innovative, fun, and has excellent work ethic. She coordinates the front line and when Theresa is there, everything gets done. Everyone listens to her and everyone loves her. Though her accent was a little difficult to understand at first, I always go to her for help. She unknowingly inspires me to be a better person. I say unknowingly because she is not trying to be a leader that is just her personality. I was uncertain I made the right decision switching jobs, but if I had not I never would have met Theresa and that would have been a terrible loss.

The Music of Andrew Lloyd Webber

The Music of Andrew Lloyd Webber The Music of Andrew Lloyd WebberAndrew Lloyd Webber was born in London, England in 1948. He started studying music as a child, writing his first compostiton at the age of nine. Webber attended the University of Oxford and later the Royal College of Music. Some of his famous compositions include Jesus Christ Superstar, Cats, The Phantom of the Opera, Joseph and the Amazing Technicolor Dreamcoat, and Evita. One interesting fact that I discovered about Andrew Lloyd Webber was that he was officially knighted in 1997, which makes him Sir Andrew Lloyd Webber.On October 24th, The Music of Andrew Lloyd Webber was presented at the Stranahan Theater featuring many soloists and the Philharmonia Europa orchestra. The performance consisted of highlights from Webber's famous productions, including those previously mentioned as well as numbers from Starlight Express, Whistle Down the Wind, Sunset Boulevard, and Aspects of Love. The show was overall a good mix of upbeat numbers as well as some slowe r pieces, from the beginning with the fast paced theme from Jesus Christ Superstar to the final piece "Love Changes Everything", from Aspects of Love.The first act of the performance began with the orchestra performing the overture from Jesus Christ Superstar. After that, the ensemble performed the theme song. This theme was very upbeat and jazzy, and in my opinion was a great way to begin the performance. After that were highlights from Joseph and the Amazing Technicolor Dreamcoat. Then, some more pieces from Jesus Christ Superstar were performed, including the love song "I Don't Know How to Love Him", as well as two other tunes "Everything's Alright" and "Gethsemane". These songs together provided a diverse look at the music from this musical. Following this were songs from Evita, the musical that tells the story of how the wife...

Physical Property Definition and Examples

Physical Property Definition and Examples A physical property is a characteristic of matter that may be observed and measured without changing the chemical identity of a sample. The measurement of a physical property may change the arrangement of matter in a sample, but not the structure of its molecules. In other words, a physical property may involve a physical change, but not a chemical change. If a chemical change or reaction occurs, the observed characteristics are chemical properties. Intensive and Extensive Physical Properties The two classes of physical properties are intensive and extensive properties. An intensive property does not depend on the amount of matter in a sample. It is a characteristic of the material regardless of how much matter is present. Examples of intensive properties include melting point and density. Extensive properties, on the other hand, do depend on sample size. Examples of extensive properties include shape, volume, and mass. Physical Property Examples Examples of physical properties include mass, density, color, boiling point, temperature, and volume.

Drug Development and Toxicology (High-performance liquid Essay - 1

Drug Development and Toxicology (High-performance liquid chromatography) - Essay Example n from the day of the accident to the 5th day sampling, it can be seen that the presence of 4,5-dihydrodiol is evident in all days in the range of 0.1 to 0.2 nmol/ml. the second metabolite 7,8-dihydrodiol has the most presence immediately after the accident but slowly diminish through the days. The metabolite 7,8-diol-9,10 epoxide on the other hand has the least presence on the samples. It is even undetected during the first two days of the accident. Epoxide Hyrdolase contribute to the biodegradation of many organic compounds such as benzo[a]pyrene.(Loo, et al. 2006). This enzyme has the ability to detoxify a wide range of organic potential genotoxic epoxides with diverse structures (ARand, et al. 2003). It can modulate the effects on the binding of benzo[a]pyrene to the DNA structures (Carcinogenesis, 1983). It plays important roles in the metabolic activation of benzo[a]pyrene to carcinogens and mutagens (Thakker, et al. 1977). Metabolism of Benzo [a) Pyrene leads to formation of various compounds such as benzo[a] pyrene 4,5-dihydrodiol, ortho quinone and benzo[a]pyrene 7,8-dihydrodiol-9,10-epoxide (Wood, et al., 1976). The first product is less or considered as non-mutagenic as compared to the other product which are the epoxide diol metabolites. The role of epoxide hydrolase is important such that it makes the benzo [a] pyrene derivatives to result to the non-mutagenic products. With this, there is less threat to genetic mutation and other health risks (Wood, 1981). Mr X is may have the possibility to develop cancer. There are three products for the metabolic pathway for benzo[a]pyrene where the product 7,8-doil-9,10-epoxide provides the biggest threat to human health due to its carcinogenic and mutagenic effect (Ruan, 2006). However, with the sampling and retention times considered, there are more products for 4,5-dihydrodiol produced based on the UV absorbance wavelength in detecting their presence. Benzo-pyrene are polycylic aromatic hydrocarbons with

The Conflict Resolution Process in Teams Research Paper

The Conflict Resolution Process in Teams - Research Paper Example Of all resources an organization has in its disposal none is perhaps as relevant and important to the success of the organization than the human resources. Human resources if managed well hold the key to the success of the organization. According to (Cranny, Smith, & Stone, 1992) human resources output is higher when the employee's function as a team than it is the case when employees do not work as teams. A synergetic effect is what results when organizations embrace team spirit. However, creating functional and efficient teams calls for expertise, tolerance and a lot of motivation on the part of the organization. Teams enable employees to exploit their potential and therefore increase job performance. A team consists of members with diverse experience, skills and qualification, cultures and business backgrounds. To an organization, this translates into the potential for success. However, as (Cranny, Smith, & Stone, 1992) notes team building process is a challenging process that can present numerous challenges to the management. However, teams have disadvantages such as reduced independence of talented and capable workers, social loafing as well as bureaucracy hence time wastage (Schermerhorn, Hunt, & Osborn, 2005).      Tajfel and Turner, (1979) classifies teams into functional teams which consist only of members drawn from various departments, self-managed teams which are formed to meet some specific goals and objectives and function with little or no supervision, task forces are teams constituted to oversee completion of specific projects, while process improvement teams are comprised of experts as well as technocrats in a given field. Formation of working teams presents the following challenges to leaders; establishing strong team leadership, difficulty in establishing positive interpersonal relationships, fear of the teams failing to meet set goals which translate to wasted resources as well as the possibility of members of the team failing to adapt well into the team. These challenges lead to conflicts in the group. As (Cote, & Morgan, 2002) notes, conflicts are not necessarily detrimental to the success of the organization. If well-resolved conflicts have numerous advantages and disadvantages alike. If well-managed conflicts serve as a bonding experience and an opportunity for the team members to learn and reunite something which results in the team emerging more strong, and ready for the challenges ahead. According to (Sims, & Manz, 1995) in modern business organizations, teams are indispensable something which explains the reasons for meetings and committees in most modern organizations.   

Pragmatism and the Environment Essay Example for Free

Pragmatism and the Environment Essay The environment is at stake. The world we live in is a state of slow death—that the world is dying everyday just as the human body loses body cells every minute. Every natural resource of the world is continually abused without thought of the consequences. In a way, human beings are that of a virus, a systemic biological specie that consumes an abundant and relatively beneficial part, destroys it, moves on to another area, and leaves the consumed, worthless, and decimated. However, human experience teaches us that we cannot always deny the natural law because as intelligible beings capable of understanding, we have the natural ability to adapt to any environment given and finding ways and means to survive. As such, the development of the human race is not possible if not for our natural inclination of adaptability, protection of species, and survival. In the essay Pragmatism and Environmental Thought by Kelly Parker (1996), she mentions â€Å"what we must not try to do is not to master the natural world, but to cultivate meaningful lives within various environments. † This coincides with the natural law of adaptability, in which human beings need not defy standards as defined by nature but to harness it and provide necessary means of survival. Pragmatic Knowledge and Environmental Issues Pragmatism heavily relies on factual understanding rather than the complete belief in the innate ideas of the human mind. William James, John Dewey, Charles Pierce, among other founders of American pragmatism during the start of the century, argued that there are no innate beliefs in which knowledge is based. This means that knowledge is not innately transposed upon the human mind. Rather, experience confirms this â€Å"baseless† knowledge through factual and concrete understanding—that an ideology is only accepted as true if it is to be found practical in application. Human experience is then the basis of such practicality and its truthfulness is defined through practical solutions. The environment is not detached from the pragmatist or any other being. The environment is part of the experience, that there is a symbiotic relationship between the two biological systems as well as other life systems. Parker (1996) emphasized this point in her essay: â€Å"environment, in the most basic sense, is the field where experience occurs, where my life and the lives of others arise and take place† (p. 29). Every circle must have definite bounds in which it interacts and from that interaction is where experience revolves. Through these experiences, there have been developments in the field concerning the environment, especially on ethics. The development of environmental ethics is based on the pragmatic movement. More specifically, the interaction between the two different world views of nature leads to the eventual development of these ethics. These ethics later become moral standards for people until they become a â€Å"norm† of living for most. Based from these practical experiences, these social norms transform into methods of newer forms of social responsibility and enhance environmental awareness such as new laws and legislations concerning the environment, grassroots activism, among others. The Ethical/Global Problem As inferred by the pragmatic view, pragmatism’s role with the environment is more on application rather than theorization. In a more general perspective, human beings have the natural tendency to abuse their surrounding and not to take into account their own actions against different ecological systems around them. This coincides with the debate on moral pluralism and anthropocentrism. Moral pluralism specifies â€Å"no single moral principle or over-arching theory of what is right can be appropriately applied in all ethically problematic solutions† (Parker, 1996, p. 31). There is no ultimate and essential set of moral laws governing every scenario of moral problems. Because of the subjectivity of experience, it cannot be applied to any moral problem because of the lack of objectivity. In relation to environmental cases, there are different moral standards (i. e. , culture, geographical location) that must be taken into account in order for a set of moral/environmental laws to be applied. These different subjective inquiries on what should be protected, allowed, or banned come into a moral dilemma—whether it would be practical or not. Moral pluralism is also related to the problem of anthropocentrism—the prioritization of values for human beings. Human life is placed on greater importance rather than other outside factors. In her article, Parker (1996) further explains this line of reasoning: Again, this is not to say that human whim is the measure of all things, only that humans are in fact the measurers. This must be a factor in all our deliberation in all environmental issues. We can and should speak on others behalf when appropriate, but we cannot speak from their experience (p. 2). The essay proposes that we create standards and laws by speaking for ourselves and for the things that we want to protect based on our own experiences and judgment. For instance, the advocates of endangered species or an ecological subsystem represent their â€Å"party† to other human being. It is through the advocates that these creatures are represented in the debate over human need. The Global Challenge With the looming threat of global warming, greenhouse gas, and other ecological concerns, what we should do is concentrate more on proper action and proper representation of all the numerous aspects of the environment. We have already identified several problems that cause environmental distress recently and from these problems, there should be a formulation of steps to quickly counteract these issues. If left ignored or continually debated upon without any concrete formulas of implementation, these problems will continue to grow until they become uncontrollable. The proper need of identifying these problems will help in creating different strategies as well as formulating legal actions that will help protect and preserve environmental issues. The factual and general perspective is the world is dying and it continues to deteriorate as the number of human population increases. The matter of proper action comes into play through the environmental advocacies all around the world that supports of revitalizing planet earth. However, there remains the fact that human beings generally view the environment as something that can be planted, created, destroyed, and recreated again. This cycle implies that even with human intervention, the natural law of nature will still take its place. Society, especially today, should learn to adapt and live harmoniously with the environment in order to create a symbiotic relationship between the two. We also have to address the apathy of humans towards its environment. We should remove from the human mindset that the ecological system that we live in is not infinite and it will soon vanish if we are to let our actions not reflected upon. By examining our actions, we may come to a realization that everything that we do may affect the environment in ways that we might not even know. Removing this unconscious reinforcement may well be one of the keys in solving our environmental problem. The depletion of our natural resources, the unnatural effects of greenhouses gases and the growing number of human population are just a few of many environmental issues that should be given importance. Although these problems are already experiencing drastic developments for the last six years, we already have the initiative and the technology to somehow lessen its steady increase and may eventually, although not essentially eradicate, balance the gap between human state of living and the environment. Living with an ecological system, we must learn how to balance our actions and lifestyles in order to build a beneficial relationship. In this way, everybody wins. Reference Parker, K. (1996) Pragmatism and Environmental Thought. In A. Light E. Katz (Eds. ) Environmental Pragmatism. London and New York: Routledge (21-37).

Essay --

My senior project research paper: My senior project is going to be about a card game called Magic the Gathering it’s based around five color Mana, Mana is the lifeblood of playing MTG your five kinds of Mana are Plains, Mountain, Island, Forest, Swamp. MTG has been around sense early 1990’s Richard Garfield is the creator behind MTG and the publisher is Wizards of the Coast. Magic The Gathering is a card game that takes place in a fictitious multiverse. Each plane is a different universe with different characters. Richard Garfield created the game in the early 1990’s. When the publisher house Wizards of the Coast published the game and it went crazy. Richard Garfield was a huge hit. At that time he was a mathematics professor and a game designer, then later around 1994 he joined Wizards of the Coast as a full time game designer and left the academia world. In Richard Garfield’s creation Magic the Gathering card game, the history, rules and different world’s of the game are important mystical parts. Dominaria is a vast plane on which Humans, Goblins, Merfolk, Dragons, Zombies, and Elves lived in a war ravaged environment. In the beginning there was a war known as the Dragon War that carried on for years and the dragons terrorized Dominaria for many more years to come. And in the latter years of the war a women named Sivitri Scarzam united with the Lesser Elders Scarzam accompanied her offspring into the battle of Corondor. Afterwards the Primeval Dragons Rith, Treva, Dromar, Crosis, and Darigaaz, conquered the would until human wizards took there powers then killing three of them. The two remaining Elder dragons governed for a uncertain amount of time. After Numena fell due to infighting, there is a cavity in th... ...hrough the Safehavens ending the Ice age as well as the Time of the Shards. Now with Doninaria beginning to reheat thanks to the World Spell as well as its axis being restored ice is starting to melt as well as new plagues and the time known as the flood was upon them Tresserhorn, Fyndhorn, as well as many other places of great power in the last years of the ice age witherd away like a Rose in the desert, while other happenings the fall of the School of the unseen at one time was the City of Shadows and Lat-Nam, as well as Scildev was destroyed by Lim-DÃ »l how was getting his awaited vengeance. The once great Wrenna was taken control by a dark mage and started to dwindle in its former power. Even in the darkest of times ight still finds its way through as it did by way new nations rose Benalia is one of the’s which replace Sheoltun, and Yavimaya, where Fynhrn

Speech Plan

Beto Arellano Comm 3 Informative Speech Plan Title: Hip-hop Abs Specific Speech Purpose: To inform my Comm. 3 audience on how to achieve abs with the hip-hop abs program Statement: There are three steps for a basic hip hop abs workout. Introduction I. Attention Step: The abdomen, sometimes called the belly, stomach, or tummy, is the part of the body between the chest and pelvis.The benefits of having strong abdominal muscles include helping a person breathe better and better posture that results in less back pain, help a person avoid injury when performing tasks that put stress on the back and torso, and helping the body to heal faster after an injury or surgery to the spine. II. Clarification Step: That explains why we have to maintain our abs for a better and healthier life. Welcome everyone to Beto's Guide to Shaun T's Hip Hop Abs! Today, I am going to teach you how to achieve great abs using Shaun T's Hip Hop Abs Program, and have fun while doing it!Body I. First, you must get th e proper materials for the work out A. You must wear the proper clothes 1. Wear comfortable clothes (shirt, shorts/jogging pants) 2. Wear rubber shoes B. You must prepare the needed materials 1. Bring water and a towel 2. Bring appropriate music for the workout II. Second, you must attain the proper form for the workout A. You must Tilt 1. Tilt your body forward 2. Take your shoulders over B. You must Tuck 1. Tuck your hips under 2. â€Å"Sit on a chair† C. You must Tighten 1. Squeeze your abs 2. Exhale while you squeeze III.Lastly, you must learn the basic steps A. Do the basic bounce B. Bring your hands up and step side to side C. Bring your knees up alternately D. Bend your knees and get low Conclusion Summary Step: Now that you know how easy and fun the Hip Hop Abs program is, you can now maintain your abs anywhere like at home, at the office, in the kitchen, in the shower, and at the zoo, but not anytime, only when no one else is looking. Sources: http://www. ehow. com/a bout_4565354_abdominal-muscles. html#ixzz2MaOxmjms http://www. beachbody. com/product/fitness_programs/hip_hop_abs. do

Miguel Cabrera

INTRO: As most of you guys know, I really enjoy statistics so when Miguel Cabrera won the Triple Crown this year, I instantly knew what I was going to inform you guys about. What makes this even better is that I have been a tigers fan all my life and he is my favorite baseball player of all time. With made his season really incredible in my eyes is that he changed positions to 3B before the season to welcome his good friend from Milwaulkee, Prince Fielder. FIRST SLIDE: Explain them and how this year he has only beat his other year’s statistics in 3 of the 5 categories.SECOND SLIDE: How close it was in each stat. * Home Runs: Granderson/Hamilton needed just 2 more HRs out of their 596/562 ABs * RBIswas the frathest stat away. Hamilton was 11 back but 3rd place had 110 (Willingham-Min) * Batting average: Mike Trout needed just 8 more hits out of his 559 Abs THIRD SLIDE: â€Å"Most of you are going to ask how Miguel Cabrera couldn’t possibly win the AL MVP after becoming the first triple crown winner since 1967 but there is actually a chance that he doesn’t.It also wouldn’t be the first time a triple crown winner lost the MVP. Frank Robinson lost the MVP race the year that he won the triple crown. † * Miguel was 14th player to win triple crown * 1st in slugging percentage, 2nd in hits, 7th in doubles, 4th in OBP * Mike Trout was the first player to ever have 30 HR, 45 SB, and 125 R. * 1st in SB, 1st in wins above replacement, 1st in runs by 20 runs, 3rd in OBP The MVP is announced November 18th so we won’t know who won it for another 34 days.ENDING * Miguel Cabrera * Triple Crown Winner * First since 1967 (Carl Yastrzemski) * AL Most Valuable Player? * Detroit Tigers * AL Central Champions * Beat the White Sox by 3 games * American League Division Series Winners * 3-2 over the athletics * American League Championship Series * Up 2-0 in best of 7 over the Yankees FINAL LINE: â€Å"Overall I hope you have learned more about the Detroit Tigers 3B Miguel Cabrera and how one of a kind his season really was and how it still isnt over yet. †

Comparison of Normal and Abnormal Psychology

Comparison of Normal and Abnormal Psychology Since the ancient times, civilizations across the world have attempted to understand and separate normal behavior from what is considered as abnormal.Advertising We will write a custom essay sample on Comparison of Normal and Abnormal Psychology specifically for you for only $16.05 $11/page Learn More Up until now, it can be said without doubt that the separation has not been easy since behavior is largely viewed as cultural specific, and what may pass for an acceptable behavior in one culture may be vilified in another (Ganellen, 2007). In equal measure, behavior is also viewed as time-specific, and a behavior that was largely acceptable some few decades ago may presently be labeled as barbaric or worse still, abnormal. This, however, does not mean that it untenable to contrast and compare normal and abnormal psychology. To the contrary, comparisons have been fronted from all quarters, occasioning a multiplicity of theoretical frameworks that attempt to off er objective explanation on the two concepts (Bennet, 2006). In behavioral psychology, the word ‘normal’ basically means not to deviate from the standard norms, hence normal psychology entails the study of normal patterns of behavior, emotions, and mind (Bennet, 2006). On the contrary, the word ‘abnormal’ basically means to deviate from the norm, hence abnormal psychology or psychopathology is the scientific study of unusual patterns of behavior, thought systems, and emotions that undeniably affect the way individuals feel, reason, and behave to a point of disrupting their own sense of wellbeing. Both normal and abnormal psychology are cultural and time specific as explained above. For example, child beating may be allowed in some cultures while it may be seen as an insane behavior in other cultures. Also, both normal and abnormal psychology attempts to explain the centrality of behavior in determining mental health (Ganellen, 2007; Bennet, 2006). Some psyc hopathologists argue that abnormal behavior is separated from normal behavior through set criteria which may not be necessarily correct. This therefore means that although deviant behavior may be grouped as abnormal by the criteria set by society, it does not automatically imply the incidence of a mental disorder. In equal measure, normal behavior does not necessarily mean the patterns of behavior are not without blame since the action may be stereotyped to fit the needs and demands of society (Bennet, 2006).Advertising Looking for essay on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Reference List Bennet, P. (2006). Abnormal and clinical psychology: An Introductory textbook, 2nd Ed. Maidenhead, Berkshire: Open University Press Ganellen, R.J. (2007). Assessing normal and abnormal personality functioning: Strengths and weaknesses of self-report, observer, and performance-based methods. Journal of Personality Assessmen t 89(1): 30-40. Retrieved from Academic Search Premier Database

Psychology Essay Example | Topics and Well Written Essays - 500 words - 21

Psychology - Essay Example his keen observation passed prophetic statements of the currents of destruction that flowed through the veins of human civilization and Adolf Hitler’s rise to power based on the democratic majority. From my point of view, I feel, that though Freud had made a keen and clear observation by comparing both the â€Å"civilized† and the â€Å"savage† points of view to bring out the salient meaning of what civilization is all about, yet to me the writing seemed to be pessimistic in nature which in turn reflected the widespread and devastating experiences suffered during World War 1. In his work â€Å"Civilization and its Discontents† Freud makes a pertinent attempt to correlate his theories based on human civilization. Being an avowed atheist himself, to him religion was nothing more than a â€Å"collective neurosis† (The Future of an Illusion, Freud, 1927) In his work â€Å"Civilization and its Discontents† he tries his best to tone down and refine his analysis drawn between religion and psychoanalysis and also between an individual and civilization. Here I feel that Freud is somewhat biased with regard to religion because he is an atheist who does not consider God as a superior being. Where religion is concerned I am against Freud’s theory because to me and most other people God is an omnipotent figure and is omnipresent watching over us humans on Earth. In trying to make an understanding of the phenomenon of spirituality, Freud states that it is "a purely subjective fact, not an article of faith." Further proving his atheist attitude towards religion, he states that humans look for paternal affection during childhood and this manifests itself in the adult stages as â€Å"fear of the superior power of Fate." In his views on the relationship shared between civilization and human misery, he says that civilization is what is responsible for all our misery, because we get ourselves organized into a civilized society in order to escape misery and suffering. I personally do

Profit and loss account and balance sheet Essay

Profit and loss account and balance sheet - Essay Example This means that the financial status of the organization can be known by simply looking at these accounts. The users of these final accounts include the owners of business, managers, shareholders, government, creditors and the directors amongst other stakeholders of the business. These are mainly the people who are directly affected by the performance of the business, which is a significant factor in regard to credit worthiness of a business. On the other hand, government taxation is usually levied depending on the profitability and size of the organization. These aspects can be known through the final accounts (Dyson 2001 p 45-48). This essay is a critical evaluation of the purpose of the Profit and Loss Account and Balance Sheet to the various users or stake-holders. This is a critical component of an organization's financial report that provides information regarding capital, the long and short term assets as well as long and short term liabilities. This means that the owners of the business can get information regarding the possessions as well as the debts of the business by simply looking at the balance sheet. It is significant in avoidance of losses in the business operations. It indicates whether assets match with the liabilities hence it is useful in setting up the business strategy. This is mainly because a business will try as much as possible to ensure that the liabilities are checked in order for them not to go beyond a certain level whereby the debts may be more than the assets, a situation that may lead to insolvency of the business, which according to Berman (2008 p 11) is referred to as balance sheet insolvency. The wise use of the balance sheet can help in avoiding bankruptcy. The balance sheet is also significant in the evaluation of expenditures as well as the debts incurred by the business. The total spending by the business in a trading period is reflected in detail on the liabilities section. This gives the managers an opportunity to understand the items which significantly reduce the assets of the business. This knowledge is important in helping the managers to develop strategies for reducing the expenditures especially on the needless items. Expenses can be reduced through the use of inexpensive materials as well as the expenses that the business can do without. Strategies can also be developed to leave the assets that are not very necessary to the organization in order to pay the owing debts. (Weekman 2003 p 45- 51). Most of the time a business will be anticipating income which needs to be tracked in order to ensure that it is not lost before it is acquired. The balance sheet helps in tracking these receivables. It gives a detailed list of these receivables which indicates the payments owed to the business by customers. These payments are usually apparent in the balance sheet, which makes it possible for the managers to make a follow up in regard to their clearance. It is also significant in helping the managers to make a critical analysis of the inclination of the receivables and the amounts owing (Dyson 2001 p 56). They are able to identify whether the anticipated income is taking longer than expected and whether there is anything that can be done to facilitate